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Indian NBFCs to Shift Funding Strategy as RBI Eases Lending Norms

By Uniquetimesorg March 11, 2025 0

Indian non-banking financial companies (NBFCs) are likely to alter their funding patterns in the upcoming financial year following the Reserve Bank of India’s (RBI) relaxation of certain lending norms. The central bank has reduced the risk weight requirements on consumer microfinance loans for banks by 25 percentage points to 100%, effectively reverting to previous Continue Reading

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Spearheading the Incredible Manappuram Odyssey: V.P. Nandakumar

By uniquetimes August 14, 2024 0

V.P. Nandakumar holds a post-graduate degree in science, along with additional qualifications in Banking and Foreign Trade, which have equipped him with a robust foundation for his career in financeContinue Reading

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NBFCs: Building a More Inclusive Future

By uniquetimes March 11, 2024 0

 Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd Bringing the multitudes of unbanked population in rural India to the formal credit market remains a major policy challenge but the task of financial inclusion has been made easier by the accelerated pace of digitalisation Providing last mile credit to consumers has been a shared […]Continue Reading

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IFC to invest $35 million in Manappuram Finance

By uniquetimes May 29, 2019 0

Will help increase access to gold loans for low-income households and MSMEs Kochi – IFC, a part of the World Bank Group, will invest $35 million in Manappuram Finance Limited (MFL) to help low-income households and small enterprises get access to loans against their gold assets. This is IFC’s first investment in a gold-loan NBFC […]Continue Reading

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NBFC Ranking announced; Manappuram one among top 20

By uniquetimes November 20, 2018 0

One of the popular Non Banking Finance Companies in the Indian state of Kerala Manappuarm Finance Limited has succeeded in becoming one among the top 20 NBFCs in the country, as the Asia and Middle East regions’ most acclaimed banking and finance premium magazine, The Banking and Finance Post, has released the list of the […]Continue Reading